fayyad
Long

Bitcoin Halving and Charting

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
Bitcoin Halving :
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the amount of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half. The day the reward halves is called a "halving".

In 2012, the amount of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. In 2016, it dropped from 25 to 12.5. Now, in the 2020 halving, it will drop from 12.5 to 6.25. *1



This pattern will continue from now until the 64th halving (if (halvings >= 64) return 0;) but in practical terms it means that by 2140 there will be no block subsidy at all
that's gives us from 2024 to 2140 mining less than 1 million bitcoin price will sky rocket. *2


Total Bitcoin Right now 17,174,788
Next Halving mid 2020 and percentage will be 93.75% Mined leaving us with 1,312,500 BTC
So Join The New World Order
Happy Trading



Comment: 100 Likes to get updated quarterly
Comment: Best suggested time to buy is a year before halving that around Q2 2019
Comment: First period 2009 to 2012(pre halving)
Available: 10,500,000 BTC (50% mined)
Price increased from : 0.1 to 31 $ (319 % growth)


Second Period 2012 to 2015 (1st halving was 11/2012)
Best Buy was a year before Halving
Available :15,750,000 (75% mined)
Price increased from : 1.85 to 1135 S (575% Growth)


Third period 2015 to 2018 (2nd Halving was 6/2016)
Best Buy was a year before Halving
Available :18,375,000 (87.5% mined)
Price increased from : 165 to 19k S (115% Growth)


Forth period 2019 to 2022 (3nd Halving around 6/2020)
Best Buy: ???
Available :19,687,000 (93.75% mined) less than i million and half left to be mined till 2140
Comment: Q3 CLOSED
Still inside triangle closing below 6k will lead us to these potential target
Comment: First day inside the Red channel (Buying channel)
Comment: Q4 Closed Happy new Year


we are now inside the buying zone
see u next quarter
Comment: Q1 closed
ALL IS GOOD @fayyad but the growth you have mentioned is time not % like (its not 115% Growth its 115 times which essentially is 11500%) :-) ..get prepared for next bull run..it's coming..
Reply
fayyad pyajcoin
@pyajcoin, sorry I meant 11.5k % growth
But I can't edit
Thanks and waiting for next bull run
Reply
what an interesting chart
+3 Reply
@fayyad I'm looking forward to the fiat-value of my BTC wallet in 2140. (;

Have a nice day!
+3 Reply
Nice. Been thinking the same thing ...

+1 Reply
wow!!! very interesting, the halving seems to be a Corrective pattern, thanks for sharing.

I saw this flag pattern and think it worth looking into.

Reply
Good one , i concur.
Reply
fayyad candidindian
@candidindian, thanx buddy
Reply
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